Follow Slashdot stories on Twitter

 



Forgot your password?
typodupeerror
×

Comment OMG!!! Pink Marx!!! (Score -1, Offtopic) 94

I fully support ideas of Marx where it concerns the abolition of the State and income tax resistance.

Given the nature of today's date, let's go further.

Marx insisted that the bourgeois exploits the proletariat through the "constant revolutionising of production and uninterrupted disturbance of all social conditions". So let's declare revolutionizing of production to be illegal and prohibit any form of non-incremental but sudden advances where it concerns production, manufacturing and technology. Introduction of personal computers was not an incremental step, introduction of the Internet itself, the combustion engine, powered flight, nuclear power, molecular biology and DNA based technology, and more, none of these are evolutionary, these are revolutionary technologies and must be abolished, prohibited and abandoned in favor of more evolutionary technologies and production techniques, which do not serve to undermine the status quo of the every day lives of the proletariat.

Of-course all private property must be abolished, inequality must be squashed, this has to start with the 1% but it cannot stop there, it must be taken to its logical conclusion. As long as we have inequality there can be no true Marxism / communism, so we have to find the lowest common denominator, which everybody must agree, is the ultimate goal that provides the conformity necessary to prevent rise of capital formation. Let's find that lowest common denominator taking into account that private property starts with our own bodies, let's look beyond the obvious, such as land, factories, cars, houses, and such, let's look at the root of this evil, the moment of conception itself. Nobody can be allowed to utilize naturally occurring DNA based advantages, which are also manifestation of private property and thus capital formation, we must eradicate this inequality at the moment of formation. This requires that all sperm and eggs used in conception are equalized, there can be no deviation from the standards and norms in order to achieve maximum parity.

Of-course among the already living there are other forms of inequalities that can also be addressed immediately. There are, after all, people who through no fault of their own lost limbs, eyesight, normal functioning of their natural bodies, which is where the problem of inequality is very sharply observed. Nobody should be in a position to utilize his or her property to rise above the normal, thus normal must be understood to be the poorest in all properties, including body functions and capabilities. This means that upon reaching a certain age, all people must undergo a mandatory equalization procedure, consisting of the following elements:
* Removal of limbs
* Lobotomy
* Removal of other discriminating organs, such as eyes, tongue, nose, external genitalia.

Only by ensuring that no person can reasonably elevate his or her worldly status via acquiring possessions, especially if starting from an unequal playing field, which includes having more in terms of body capabilities than anybody else.

In the spirit of Marxism / Communism access to all valuables must be open to all international claimants, so for example an American peasant must be sharing fruits of his labor with anybody in the world, including any Indian or Chinese or middle-eastern comrade and while taxes must be resisted by the majority, a minority must be forced to pay them anyway, and while the State must be abolished, taxes still must be collected on behalf of the.... State?

We must all subscribe to these notions or we must at the very least admit that Marx was one of the biggest jokers of them all and as such he firmly asserted his position in the OMG Pink Pony movement.

Comment Re:Forbit all HFT (Score -1) 246

Every time I learn more about HFT, I become more convinced that it has to be regulated, and soon.

- FFS, have you read TFA? I know it's anathema in this forum, but I suggest you go through the hoops and READ THE FUCKING ARTICLE FOR ONCE.

There is no need for any regulation, there is no need for anything that government does, in fact HFT is very much legal within the current government set of laws. However if you actually spent the 30 minutes to read the story (and it's a good read) you would learn something, that something being exactly what I was suggesting years ago, that if HFT is bothering somebody enough, then there will be new exchanges built, where HFT will be strictly prevented and market would flow through those and this is exactly what TFA describes happend, no need for any regulations, the market has found an issue and fixed it itself.

Comment What a bunch of hooye, total garbage (Score 0, Interesting) 91

Sure, money is a social construct, however real money, as in money that is not fiat, money that is not declared by the government to be legal tender, namely gold stood in the way of governments destroying value of money by creating inflation (printing money, expanding monetary supply) and stood in the way of government from stealing more and more, since with real money, the innovation always led to higher productivity and lower prices (in the 19th century prices were falling, while money was gaining value, which is in stark contrast with the today's world of huge inflation and very low productivity and extremely high unemployment, all leading to rising prices). Of-course governments hate real money, as it prevents governments from expanding beyond their role of a LUXURY GOOD. Government is a luxury good that needs to be cut first when times are difficult, thus allowing the people to start rebuilding their savings and restructuring the economy, all of this on the backdrop of falling productivity, lost jobs and thus falling prices is what is necessary to fix the problems created by preceding round of inflation and expansion. In a market not controlled by government intervention, these are local phenomena, short-lived, and they allow scarce resources to be reallocated from inefficient uses to more efficient ones.

Governments controlling currency, printing money, taxing income are the reason for deep lived recessions and depressions that eventually worsen, as more and more resource misallocation is accumulated in the system. 2008 recession was caused by the Federal reserve and Treasury, which worked together to monetize USA debt (that Clinton and Rubin managed to push into short term category out of long term bonds). The reason governments are able to rack up the debt that can never be repaid is because they can print money literally, once they default on the honest money, whatever was known as currency (legal tender) becomes money in itself, its only role to be true money place holder is lost and the paper becomes money itself, no longer currency, no longer bank notes, but actual money backed by the con game that the governments run.

In any case, governments have no legitimate role in money manipulation, but this never stops them, because of-course it is so lucrative, to seize power from the people, to destroy the money by declaring paper to be it and then to buy political influence with this new concept - paper money, that can never be backed up by any amount of production. All of this of-course leads to bigger and bigger government, fewer and fewer individual freedoms, more and more oppression, which forces businesses to leave, eventually the money becomes the only product of that system, inflation becomes the only export.

Keynes was not an economist, he was a charlatan. To economics Keynes is what an astrologist is to an astrophysicist.

Yes, you do need to understand what money is, no you will not build any understanding of it from this nonsensical piece of crap of a book, whose author should be ashamed of himself, either for this complete lack of understanding or for the politics he is playing by selling this piece of shit.

Comment Re:One thing's for sure... (Score 0) 870

Everytime you open your mouth I cringe. I built my products by investing my own money and time into them before I even had 1 single sale, nobody else participated but myself and 4 guys I hired at the time. Before first iPad or even iPod or even calculator or production car or airplane or a barrel of kerosene was sold, people put their time and money on the line, sacrificed a guaranteed income of working for someone else to run their own business, used their or other investors money, put their lives on hold to try and create something thatothers, including worthless assholes of your kind would be eventually enjoying, while pretending that your mere worthless existance is the reason for anything. It is not. The reason assholes like you have anything but stones and sticks is somebody who was way ahead of you in everything, including savings, work etics, risk taking, planning and much more. As to jobs, they are a function savings by somebody else, not you and of getting more done in shorter time than your poor attempt at existance. Nobody is forced by you to create jobs. Employers hire people to increase profits and none of it has anything to do with altruism, what a dumbass idea for anybody even to consider that as a possibility. You also are not the reason to hire anybody, people hire people to be more productive. A company is a machine built by the investors to make money, that is the only consideration and reason in itself. Being productive allows an investor to stake more claims to future productivity of others, that is where the making money part comes in and again, you are the last element in that chain, the most trivial element. Once the product exists, either the investor makes money or loses money in that gamble, you are part of the cycle at the very end - the shit producing part.

Comment Re:Money (Score -1) 273

Which depression? The gold USD has been defaulted upon in 1971. The Great Depression only ended with the end of WWII as gov't cut taxes by over 32% and spending by over 64%. The Great Depression was caused by the Fed inflating the money supply, causing the stock market bubble, which popped and crashed the market, which prompted the gov't to pump even more liquidity and start various nonsense gov't programs that caused the depression.

Increase in property and asset values is not economic growth, only increase in production is and USA has been diminishing its productive output since it defaulted on the gold dollar in 1971. As to jobs, the jobs that are created in USA do not reduce its trade deficit, quite the opposite, all the gov't and service sector jobs increase it. USA needs manufacturing and it lost most of it, so no, those jobs didn't help, they actually hurt, they are the wrong kinds of jobs and only exist due to all this inflation, they wouldn't be around if USA still had honest money, instead USA would still be a productive country as opposed to what it is today - a bankrupt country with unpayable debts and impossible obligations.

Comment Money (Score -1, Interesting) 273

Government cannot declare anything to be money any more than I can declare myself to be a ballerina.

People decide what things are money, people decided that gold is money for example, it was never a government decision to make. Government tries to control the currency of the state by making it a 'legal tender' (all debts to creditors can be paid legally in government issued fiat). Constitutionally government has the authority to declare weights and measures (this much gold of this purity is required to mint a gold dollar). Government has the authority to offer you mint services (they can mint a coin for you from your own gold even though it may require a small fee, this is useful to have easily recognisable money on you).

Declaring paper to be money or more correctly - defaulting on the gold dollar has marked the beginning of the end of USA economy. At this point it does not matter what government declares anything to be, currency or property, none of it matters. They are way beyond all of their legal authority anyway. Do not pay any taxes, avoid and evade as much as you can, that's pretty much the only you can do now, you no longer have a Constitutional authorised legal government, there is no rule of law.

Bitcoins were designed to be money, from my perspective they are not, because they can't store value, so I won't take Bitcoins as payment for goods and services, but I will take gold. Government has declared gold to be 'property' long ago, applying capital gains taxes to it, thus trying to steal your gold from you, because it is the value of the dollar (the perceived value) that is going down relative to the gold, gold is not increasing in size or volume over time, it's the relative perceived value of the dollar that is falling, so government is trying to tax your gold holdings with the nonsensical 'capital gains' taxes that are pure theft. Nothing was gained from gold that was in the vault except for inflation protection.

Comment Symantec ad (Score -1) 150

So this is a Symantec ad, I don't have a problem with advertising, but call it what it is. Windows XP used in an ATM? Well, I can see how this can be a problem, but how is this SMS based attack specific to Windows XP exactly? What, if the ATM in question was running VAX/VMS it wouldn't support SMS based attack due to its lack of SMS support? :) I mean there are no details as to how an SMS makes it possible to get cash out of the machine and I don't see at this point how it is OS related. Any OS with appropriate software could do the same, no?

Slashdot Top Deals

"Sometimes insanity is the only alternative" -- button at a Science Fiction convention.

Working...